Update gold price this afternoon 5/5/2025 in domestic market
The domestic gold market on May 5, 2025 recorded a clear downward trend in most major brands. The prices of SJC gold bars, round gold rings and jewelry all decreased compared to the previous trading session, except for a few units that recorded a slight increase. Specifically:
In Hanoi , the price of SJC gold bars was listed at VND118.3 million/tael (buy) and VND120.3 million/tael (sell), down VND1 million/tael in both directions compared to yesterday. Similarly, in Ho Chi Minh City and Da Nang, the price of SJC gold bars also dropped sharply with the same decrease of VND1 million/tael.
DOJI Group continued to record a sharp decline today. The price of gold bars here is listed at 117.8 million VND/tael (buy) and 119.8 million VND/tael (sell), a sharp decrease of 1.5 million VND/tael in both trading directions. This is the biggest decrease among major brands on the market.
Mi Hong Gold and Gemstone Company had mixed price movements. While the buying price remained at VND118 million/tael, the selling price increased slightly by VND300,000/tael, reaching VND119.8 million/tael. This is one of the few brands that recorded a price increase today.
At PNJ, gold prices showed remarkable fluctuations. The buying price increased by VND500,000/tael, reaching VND112.5 million/tael, while the selling price decreased by VND600,000/tael, down to VND115.4 million/tael. This change created a difference compared to the general downward trend in the market.
Phu Quy and Bao Tin Minh Chau also recorded significant price decreases. At Phu Quy, the price of SJC gold bars decreased by VND700,000/tael in both directions, listed at VND116.8 million/tael (buy) and VND119.8 million/tael (sell). Meanwhile, at Bao Tin Minh Chau, the buying price decreased by VND500,000/tael, to VND117.8 million/tael; the selling price decreased more sharply, up to VND1.2 million/tael, down to VND119.8 million/tael.
Not only gold bars, the price of round gold rings and jewelry also decreased sharply. Round gold rings of 9999 at DOJI were listed at 112.5 million VND/tael (buy) and 115 million VND/tael (sell), down 1.5 million VND/tael in both directions. 99% jewelry also decreased sharply, with the buying price at 109.267 million VND/tael, the selling price dropped to 113.267 million VND/tael.
As of 3:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 112.5-115.0 million VND/tael (buy - sell); down 1.5 million VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 115.5-118.5 million VND/tael (buy - sell); down 1.1 million VND/tael for buying and down 1.2 million VND/tael for selling compared to yesterday.
The gold market today, May 5, 2025, witnessed a clear downward trend. The sharpest declines were seen in major brands such as DOJI and SJC. Meanwhile, some brands such as Mi Hong and PNJ had mixed price movements, with slight increases in some trading directions. With the downward trend dominating, the domestic gold market is under pressure to adjust after previous price increases.
Gold price list this afternoon 5/5/2025 in the country in detail:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 118.3 | ▼1000 | 120.3 | ▼1000 |
| DOJI Group | 117.8 | ▼1500 | 119.8 | ▼1500 |
| Red Eyelashes | 118.0 | - | 119.8 | ▲300 |
| PNJ | 112.5 | ▲500 | 115.4 | ▼600 |
| Vietinbank Gold | 120.3 | ▼1000 | ||
| Bao Tin Minh Chau | 117.8 | ▼500 | 119.8 | ▼1200 |
| Phu Quy | 116.8 | ▼700 | 119.8 | ▼700 |
| 1. DOJI - Updated: 05/05/2025 15:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 118,300 ▼1000 | 120,300 ▼1000 |
| AVPL/SJC HCM | 118,300 ▼1000 | 120,300 ▼1000 |
| AVPL/SJC DN | 118,300 ▼1000 | 120,300 ▼1000 |
| Raw material 9999 - HN | 112,300 ▼1500 | 114,100 ▼1500 |
| Raw material 999 - HN | 112,200 ▼1500 | 114,000 ▼1500 |
| 2. PNJ - Updated: 05/05/2025 15:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 112,500 ▲500K | 115,400 ▼600K |
| HCMC - SJC | 118,300 ▼200K | 120,300 ▼1000K |
| Hanoi - PNJ | 112,500 ▲500K | 115,400 ▼600K |
| Hanoi - SJC | 118,300 ▼200K | 120,300 ▼1000K |
| Da Nang - PNJ | 112,500 ▲500K | 115,400 ▼600K |
| Da Nang - SJC | 118,300 ▼200K | 120,300 ▼1000K |
| Western Region - PNJ | 112,500 ▲500K | 115,400 ▼600K |
| Western Region - SJC | 118,300 ▼200K | 120,300 ▼1000K |
| Jewelry gold price - PNJ | 112,500 ▲500K | 115,400 ▼600K |
| Jewelry gold price - SJC | 118,300 ▼200K | 120,300 ▼1000K |
| Jewelry gold price - Southeast | PNJ | 112,500 ▲500K |
| Jewelry gold price - SJC | 118,300 ▼200K | 120,300 ▼1000K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 112,500 ▲500K |
| Jewelry gold price - Kim Bao Gold 999.9 | 112,500 ▲500K | 115,400 ▼600K |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 112,500 ▲500K | 115,400 ▼600K |
| Jewelry gold price - Jewelry gold 999.9 | 112,500 ▲500K | 115,000 ▲500K |
| Jewelry gold price - Jewelry gold 999 | 112,390 ▲500K | 114,890 ▲500K |
| Jewelry gold price - Jewelry gold 9920 | 111,680 ▲500K | 114,180 ▲500K |
| Jewelry gold price - Jewelry gold 99 | 111,450 ▲490K | 113,950 ▲490K |
| Jewelry gold price - 750 gold (18K) | 78,900 ▲370K | 86,400 ▲370K |
| Jewelry gold price - 585 gold (14K) | 59,930 ▲300K | 67,430 ▲300K |
| Jewelry gold price - 416 gold (10K) | 40,490 ▲210K | 47,990 ▲210K |
| Jewelry gold price - 916 gold (22K) | 102,940 ▲460K | 105,440 ▲460K |
| Jewelry gold price - 610 gold (14.6K) | 62,800 ▲300K | 70,300 ▲300K |
| Jewelry gold price - 650 gold (15.6K) | 67,400 ▲320K | 74,900 ▲320K |
| Jewelry gold price - 680 gold (16.3K) | 70,850 ▲340K | 78,350 ▲340K |
| Jewelry gold price - 375 gold (9K) | 35,780 ▲190K | 43,280 ▲190K |
| Jewelry gold price - 333 gold (8K) | 30,600 ▲160K | 38,100 ▲160K |
| 3. SJC - Updated: 05/05/2025 15:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 118,300 ▼1000 | 120,300 ▼1000 |
| SJC gold 5 chi | 118,300 ▼1000 | 120,320 ▼1000 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 118,300 ▼1000 | 120,330 ▼1000 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 112,500 ▼1500 | 115,000 ▼1500 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 112,500 ▼1500 | 115,100 ▼1500 |
| Jewelry 99.99% | 112,500 ▼1500 | 114,400 ▼1500 |
| Jewelry 99% | 109,267 ▼1485 | 113,267 ▼1485 |
| Jewelry 68% | 71,949 ▼1020 | 77,949 ▼1020 |
| Jewelry 41.7% | 41,859 ▼625 | 47,859 ▼625 |
Update gold price this afternoon 5/5/2025 in the world
At the time of trading at 3:00 p.m. on May 5, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,265.54 USD/ounce. Converted according to the USD exchange rate on the free market (26,180 VND/USD), the world gold price is equivalent to about 103.31 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (117.0-119.8 million VND/tael), the SJC gold price is currently about 16.48 million higher than the international gold price.
Gold prices on the world market today, May 5, 2025, world gold prices recorded a slight increase, supported by the weakening of the USD. This took place in the context that investors are waiting for new developments in trade relations between the US and China, as well as the important policy meeting of the US Federal Reserve (Fed) to take place this weekend.
Spot gold rose 0.6% to $3,259.29 an ounce at 06:23 GMT. US gold futures also rose 0.8% to $3,267.70 an ounce. The US dollar fell 0.3% against other currencies, making gold more attractive to investors holding other currencies.
The weakness in the US dollar ahead of the Fed meeting has created conditions for gold to rise slightly, according to Tim Waterer, a market analyst at KCM Trade. He predicts that gold prices may continue to fluctuate between $3,200 and $3,350 an ounce before the Fed makes a new policy decision. However, if there is any news related to the US-China trade deal, the gold market may be more volatile.
The market’s focus now is on the Fed’s monetary policy decision and speeches from senior officials this week. Traders now expect the Fed to cut interest rates by about 80 basis points this year, starting in July, after the US April jobs report showed a stronger-than-expected increase in the number of jobs.
Gold, which does not yield interest, is often seen as a safe haven in times of economic uncertainty and high inflation. Gold also tends to perform well in low-interest-rate environments, where the opportunity cost of holding the metal decreases. US President Donald Trump recently reiterated that he will not replace Fed Chairman Jerome Powell before his term ends in 2026. However, he has continued to call on the Fed to cut interest rates to support the economy.
In addition, Mr. Trump also said that the US is negotiating trade with many countries, including China. His top priority in the deal with China is to reach a fair trade agreement. Meanwhile, markets in China are closed for the Labor Day holiday from May 1-5 and will reopen tomorrow, May 6.
Besides gold, other precious metals also recorded an upward trend. Silver prices increased by 1.1% to $32.33/ounce. Platinum increased slightly by 0.1% to $961.20/ounce, while palladium increased by 0.5% to $958.38/ounce.
In general, the gold price today, May 5, 2025, on the world market is being supported by macro factors, including the weakening of the USD and expectations of the Fed cutting interest rates. New developments from the Fed's policy meeting and US-China trade relations will be the deciding factors for the next trend of gold prices in the coming time.
Source: https://baoquangnam.vn/gia-vang-chieu-nay-5-5-2025-gia-vang-trong-nuoc-van-giu-moc-120-trieu-vang-the-gioi-tiep-phuc-hoi-3154114.html
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